Beam Inc (BEAM): Today's Featured Consumer Durables Winner
(
) pushed the Consumer Durables industry higher today making it today's featured consumer durables winner. The industry as a whole was unchanged today. By the end of trading, Beam rose 72 cents (1.2%) to $60.56 on average volume. Throughout the day, 1.5 million shares of Beam exchanged hands as compared to its average daily volume of one million shares. The stock ranged in a price between $59.09-$60.75 after having opened the day at $59.72 as compared to the previous trading day's close of $59.84. Other companies within the Consumer Durables industry that increased today were:
Virco Manufacturing Corporation
(
), up 11.3%,
(
), up 8.7%,
(
), up 8.4%, and
TheStreet Recommends
(
), up 5.5%.
Beam Inc. engages in producing and selling branded distilled spirits products worldwide. Beam has a market cap of $9.41 billion and is part of the
sector. Currently there are four analysts that rate Beam a buy, no analysts rate it a sell, and three rate it a hold.
TheStreet Ratings rates Beam as a
. The company's strengths can be seen in multiple areas, such as its increase in net income, largely solid financial position with reasonable debt levels by most measures, expanding profit margins and growth in earnings per share. We feel these strengths outweigh the fact that the company has had lackluster performance in the stock itself.
- You can view the full Beam Ratings Report.
On the negative front,
(
), down 12.6%,
Furniture Brands International
(
), down 4.1%,
(
), down 3.9%, and
(
), down 3.3%, were all losers within the consumer durables industry with
(
) being today's consumer durables industry loser.
- Use our consumer durables section to find industry-relevant news.
- Or find some new ideas from our top rated stocks lists.
For investors not wanting singular stock exposure, ETFs may be of interest. Investors who are bullish on the consumer durables industry could consider
Consumer Discretionary Sel Sec SPDR
(
) while those bearish on the consumer durables industry could consider
ProShares Ultra Sht Consumer Goods
(
).
- Find other investment ideas from our top rated ETFs lists.
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